Sam knows that his annual homeowners insurance premium is $0.27 per $100 of value, which usually works out to be $683.10 annuall
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Answer:
And rounded up we have that n=1068
Step-by-step explanation:
We have the following info given:
the confidence level desired
represent the margin of error desired
The margin of error for the proportion interval is given by this formula:
(a)
The confidence level is 95% or 0.95, the significance is and the critical value for this case using the normal standard distribution would be
Since we don't have prior information we can use as an unbiased estimator
Also we know that and we are interested in order to find the value of n, if we solve n from equation (a) we got:
(b)
And replacing into equation (b) the values from part a we got:
And rounded up we have that n=1068
<span>Number line refers to a mathematical process of
solving the equation with the use of lines.
=> 235 + 123
Starting from 0 you count 1 up to 235. Then starting from 235 you additionally count another 123.
Then from zero start counting the total number to the line you stopped when adding 123 to 235.
This simply equals to
=> 235 + 123
=> 358.
Pls. see attached image for illustration of number line.</span>Answer here
=> 235 + 123
Starting from 0 you count 1 up to 235. Then starting from 235 you additionally count another 123.
Then from zero start counting the total number to the line you stopped when adding 123 to 235.
This simply equals to
=> 235 + 123
=> 358.
Pls. see attached image for illustration of number line.</span>Answer here